Rating Matrix definition
Rating Matrix means the following matrix upon which (i) -------------- interest rates described in Section 2.02 hereof and (ii) certain fees described ------------ in Section 2.03 hereof are determined on the basis of the Borrower's ------------- Consolidated Cash Flow Leverage Ratio: (All Amounts Expressed in Basis Points) Consolidated Cash Flow Applicable Applicable Leverage Ratio Index Margin* ------------------------------------------------------------------ I less than 1.00 to 1 25.0 150.0 II less than 1.50 to 1 but greater than or equal to 1.00 to 1 25.0 175.0 III less than 2.00 to 1 but greater than or equal to 1.50 to 1 30.0 225.00 IV less than or equal to 2.50 to 1 but greater than 2.00 to 1 35.0 250.00 * Any adjustment to the Eurodollar Rate Option as a result of a change to the Consolidated Cash Flow Leverage Ratio shall not take effect until the first day of the subsequent Fiscal Quarter following the receipt of the calculation of the Consolidated Cash Flow Leverage Ratio from the Borrower. For the purposes of this Amendment, pricing shall be established at Level IV hereinabove until receipt and satisfactory review by Lender of the financial reports as required by Article V of the Loan Agreement for the Fiscal Quarter ended June 30, 2000.
Rating Matrix means the following matrix upon which (i) interest rates described in Section 2.02 hereof and (ii) certain fees described in -------------